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Consolidated Balance Sheets
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
USD ($)
Sep. 30, 2017
USD ($)
Dec. 31, 2016
USD ($)
Current Assets      
Cash and cash equivalents $ 137.2 $ 137.2 $ 148.8
Restricted cash 3.3 3.3 2.7
Accounts receivable, less allowances (2017 – $19.2 million; 2016 – $20.2 million) 542.2 542.2 438.0
Inventories, net 687.5 687.5 553.7
Net Income (Loss) Attributable to Parent 53.5 174.2  
Deferred charges and prepaid expenses 39.9 39.9 20.3
Other current assets 64.2 64.2 48.4
Total Current Assets 1,474.3 1,474.3 1,211.9
Property, Plant and Equipment, net 842.2 842.2 804.4
Other Assets      
Goodwill 510.3 510.3 357.5
Non-current pension assets 31.6 31.6 32.1
Other intangible assets 428.9 428.9 271.0
Deferred income taxes 47.9 47.9 51.4
Other Assets, Noncurrent 28.4 28.4 34.9
Total Other Assets 1,047.1 1,047.1 746.9
Total Assets 3,363.6 3,363.6 2,763.2
Current Liabilities      
Short-term debt 41.1 41.1 19.2
Current portion of long-term debt 5.0 5.0 5.0
Accounts payable, trade 248.1 248.1 176.2
Salaries, wages and benefits 112.2 112.2 85.9
Income taxes payable 7.4 7.4 16.9
Other current liabilities 154.9 154.9 149.5
Total Current Liabilities 568.7 568.7 452.7
Non-Current Liabilities      
Long-term debt 959.8 959.8 635.0
Accrued pension cost 160.3 160.3 154.7
Accrued postretirement benefits cost 126.7 126.7 131.5
Deferred income taxes 44.9 44.9 3.9
Other non-current liabilities 47.3 47.3 74.5
Total Non-Current Liabilities 1,339.0 1,339.0 999.6
Shareholders' Equity      
Class I and II Serial Preferred Stock, without par value: Authorized – 10,000,000 shares each class, none issued 0.0 0.0 0.0
Common Stock, Value, Outstanding 53.1 53.1 53.1
Other paid-in capital 898.2 898.2 906.9
Earnings invested in the business 1,400.2 1,400.2 1,289.3
Accumulated other comprehensive loss (41.0) (41.0) (77.9)
Treasury shares at cost (2016 - 19,152,333 shares; 2015 - 18,112,047 shares) (887.5) (887.5) (891.7)
Total Shareholders' Equity 1,423.0 1,423.0 1,279.7
Noncontrolling Interest 32.9 32.9 31.2
Total Equity 1,455.9 1,455.9 1,310.9
Total Liabilities and Shareholders' Equity $ 3,363.6 $ 3,363.6 $ 2,763.2